Thursday, May 29, 2014
Music Business/Law Tips - "Royalty Streams"
If an artist is fortunate enough to write, produce, record and release a song that connects with the public he/she can earn income from many different sources. The primary income streams are as follows: 1. Mechanical (i.e., songwriter) income from sales of CDs and downloads 2. Radio airplay (i.e., performance) income [BMI or ASCAP] 3. Performer income from sales of CDs and downloads 4. Streaming income from listens 5. SoundExchange income from digital radio (i.e., Sirius/XM) 6. Producer royalties from sales of CDs and downloads 7. Synch income (i.e., use in TV/film/ads) Now go get that mailbox money! Ben McLane Esq benmclane.com